Affordable / Subsidized Apartments

Subsidized Housing is the common name for any property with a Section 8 or Section 202 contract with HUD. Residents pay 30% of their Adjusted Gross Income for rent and utilities, and HUD pays the remainder of the rent (or subsidy) directly to the landlord.

Some Section 8 contracts with HUD offer a preference to households where the head of household, co-head or spouse is an elderly person (age 62 or older) AND meets the HUD income eligibility guidelines. These properties are commonly referred to as "Subsidized Housing for the Elderly / Disabled." Applicants that are permanently disabled AND meet the HUD income eligibility guidelines are also welcome to apply.

Other Section 8 Contracts do not offer a preference for elderly or disabled applicants. These properties are commonly referred to as "Subsidized Housing for Families." Applicants for these properties must meet the HUD income eligibility guidelines.

Ferland Corporation provides many options throughout the State for Subsidized Housing for the Elderly / Disabled in addition to Subsidized Housing for Families, as listed below.